This is an archive article published on June 2, 2022
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Tomatoes are the next big risk to Centre’s fight against inflation

The average retail price of tomatoes in India has jumped 70% from a month ago and 168% from a year earlier to 53.75 rupees (69 cents) a kilogram as of Tuesday, according to data compiled by the food ministry.

Tomato sellers at Grain Market in Chandigarh. (Express photo by Jaipal Singh)Tomato sellers at Grain Market in Chandigarh. (Express photo by Jaipal Singh)
3 min readJun 2, 2022 01:03 PM IST First published on: Jun 2, 2022 at 12:59 PM IST

Tomato prices are surging in India, putting politicians on notice as vegetables have an unusual history of toppling governments in the country.

Tomatoes, potatoes and onions form the holy trinity of Indian cooking, where they’re often mixed with spices to form the base for curries, such as chicken tikka masala. The average retail price of tomatoes in India has jumped 70% from a month ago and 168% from a year earlier to 53.75 rupees (69 cents) a kilogram as of Tuesday, according to data compiled by the food ministry.

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The costs of everything from cooking oil to wheat flour have climbed in India, stoking inflation to an 8-year high in April and squeezing household budgets. The government has risked global ire by restricting wheat and sugar exports and the central bank is seen heading for another interest-rate increase this month after surprising with a hike in May. A dovish member of the central bank’s rate-setting committee has said that food prices had risen more than the monetary authorities had expected.

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